Sean Parker Rebuilds Stability AI Around Music, With the Major Labels on Board This Time
Two years after joining an $80 million rescue, Napster co-founder Sean Parker is helping reposition Stability AI as an AI toolmaker for music professionals, backed by Sony, Warner and Universal, which have licensed their catalogues.
Artificial Intelligence
Neural networks, LLMs, and the automation of everything.
Microsoft Pulls Out of UK AI Data Centre Deal Amid Power Delays
Microsoft has withdrawn from an agreement to use a planned £2 billion AI data centre being built by Nscale in Loughton, Essex, after grid operators reportedly said the site would not get enough power until the early to mid-2030s. Nscale says it remains committed to the project and its relationship with Microsoft is strong.
Confido Health Raises $12.5 Million Led by Z47 to Automate the Back Office of American Clinics With AI Agents
5 min read • Tech
Shillong's Shamrock AI Raises $5 Million Seed Round to Make Enterprise AI Agents Accountable
5 min read • Tech
Nvidia Backs Doctolib, Genesis AI, Pigment and Entalpic as Jensen Huang Flags $2 Billion More for Europe
5 min read • Tech
Harmonic Security Raises $50 Million Series B to Help Companies Govern How Employees Use AI
5 min read • Tech
Fintech
Decentralized finance, digital currencies, and the future of capital.
Bitcoin Reclaims $82,500 After Last Week's Slide, but ETF Outflows and Fed Uncertainty Cloud the Rebound
Bitcoin climbed back above $82,500 on October 19, up about 1% in 24 hours after falling below $80,000 last week. But US spot Bitcoin ETFs saw about $228 million of outflows from October 12 to 16, Ether ETFs lost $320 million, and uncertainty ahead of the Fed's October 27-28 meeting kept the rebound fragile.
Read MoreCredit History Will No Longer Decide a Loan on Its Own, Says IDfy Founder Ashok Hariharan
Indian lenders are moving beyond credit bureau scores to combine GST filings, bank transactions shared through account aggregators and other real-time data, says Ashok Hariharan, founder of identity verification platform IDfy. Digital onboarding has transformed the front end of lending, he says, but back-end processes have changed far less.
Shopify Prepares to Bring Shop Pay to India, Setting Up a Clash With Homegrown Checkout Startups
Shopify is reportedly preparing to launch its Shop Pay accelerated checkout in India by early 2027, a move that would put it in direct competition with GoKwik, Shopflo, Razorpay's Magic Checkout and other Indian checkout providers serving D2C brands.
Future Tech
Biotech, space exploration, and the frontiers of human evolution.
Starlink, Jio and OneWeb All Hold Licences, Yet None Can Sell Satellite Internet in India. Inside the Satcom Queue
Elon Musk's Starlink, Reliance's Jio Satellite Communications and Bharti-backed Eutelsat OneWeb all hold licences to offer satellite broadband in India, but none has launched commercial service. Security assessments and spectrum assignment remain pending for all three, and the government says they are at broadly the same regulatory stage.
Citizen Lab Finds Governments Used Online Ads to Plant "Zero-Click" Spyware, Exposing a Hidden Risk in Adtech
5 min read • Tech
Former ISRO Engineers' OXG Space Raises ₹17 Crore to Build "Edge Cell Towers in Space"
5 min read • Tech
Ubitium Raises $14 Million to Put a Drone's Senses, AI and Controls on a Single Chip
5 min read • Tech
India’s ₹1 Lakh Crore RDI Fund Approves 19 Fund Managers and ₹7,131 Crore in Commitments as Governance Questions Linger
5 min read • Tech
Quantum Computing
Qubits, entanglement, and the race for supremacy.
Quanfluence Raises $10 Million to Build a Full-Stack Photonic Quantum Computer in India
Bengaluru-based Quanfluence has raised about ₹92 crore in a round led by Chiratae Ventures, with Rainmatter and Pi Ventures, to build a light-based quantum computer that it says will ship early processors by 2027.
Read Full ReportQpiAI Borrows ₹50 Crore at 13.85% as India's Quantum Hardware Ambitions Meet the Debt Market
Bengaluru's QpiAI has raised ₹50 crore through non-convertible debentures from InnoVen Capital, a rare venture-debt deal in India's quantum sector that tests how lenders price deep-tech risk.
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